Bancambios became a member of the International Token Standardization Association (ITSA) e.V.
Bancambios Financial Technologies is a community-oriented startup building technological cluster to implement emerging Decentralized Ledger Technologies in different areas of Financial Services. Bancambios’ goal is to offer agile and responsive financial services tailored in real-time according to the Worlds´ needs. Security first in financial services is hour main pillar. The company’s product portfolio includes on its roadmap e.g. an Academy, an Exchange, E-Wallet, ATM network, Digital Securities Issuance, Contactless Payment Getaways, Capital Markets 3.0 Platform, Biometrics-Identity management, Scan Technologies, Robotics, Events, Eco-friendly Energy production, Decentralized Finance, Crowd-partner Real Estate ownerships, Collective Credit Ecosystems, and Innovation Labs. All this under the best practices from global sandboxes into practice, partnering with the most experienced technology partners in software and hardware developers. For the 1 billion people who are native Italian, French, Spanish, or Portuguese speakers, the term “Bancambios” should not sound foreign at all.
The International Token Standardization Association (ITSA) e.V. is a not for profit association of German law that aims at promoting the development and implementation of comprehensive market standards for the identification, classification and analysis of DLT- and blockchain-based cryptographic tokens.
So far various reputable organizations have already committed to join ITSA as associated founding members, reaching from corporates (e.g. Commerzbank’s Main Incubator, Bank Frick, MME, Börse Stuttgart) over associations (e.g. Bundesverband deutscher Banken, the German Investment Funds Association BVI), startups (e.g. Cashlink, solarisBank, CryptoTax, and Ambrosus) and universities (e.g. Frankfurt School of Finance and Management, University of Mainz, TU Munich, Hasso Plattner Institute or UCL Centre for Blockchain Technologies in London) to private members (one of the co-creators of the ERC20 standard).